What is the difference between Basic and Detailed Monitoring in AWS CloudWatch?

Aspect Basic Monitoring Detailed Monitoring
Data Collection Default metrics at 5-minute intervals More comprehensive metrics at 1-minute intervals
Metrics Limited set of default metrics Additional metrics beyond default ones
Granularity Less granular data collection More granular data collection
Frequency Metrics collected every 5 minutes Metrics collected every 1 minute
Cost Typically included with AWS service May incur additional cost for increased granularity